Best of LinkedIn CW 40/ 41: Digital Products & Services

Hello Everyone,

Digitalization & Tech is a topic we have focused on within this Community/ Newsletter for the past few months, and we happily see the topic growing positively.

To ensure you do not miss out on any value-added posts and content, we have decided to publish the Digitalization & Tech newsletter weekly, switching between "Digital Products & Services" and "Digitalization & Tech Insights" every week.

Find below the posts on Digital Products & Services.

For CW 40/ 41, we have handpicked 52 posts and 34 new people you should follow.

In our highlighted read, Nils Koppelmann shares his insights about finding balance in product strategy.

We have also included relevant events focusing on digital products & services.

Anything we missed out? Any post we should add?

Have a great read and many thanks for your insights!

Thomas

Is your Budget & Capacity allocated wisely in Digital Product Development?

In times when resources are restricted, it’s crucial to ensure that every decision you make is backed by solid insights. Too often, businesses allocate budgets based on assumptions rather than validating real customer needs.

Are you sure you're investing in the right areas?

Here’s where Market Research and Customer Need Analysis come in:

• Validating Assumptions: Before jumping into development, it's vital to test your ideas with the market. Are you solving real pain points or just what you assume customers need? Are they willing to pay for it? Customer and potential customer interviews are needed!
• Refining Features: You might have an amazing idea, but without insight into your customer's exact requirements, you risk building features they don’t care about. Customer need analysis helps ensure you focus on what's most valuable to your audience.
• Competitive Edge: Comprehensive research uncovers opportunities that competitors may have missed, helping you position your product strategically and develop features that will set you apart.

Before your next sprint or feature release, take a step back - do your decisions rest on solid customer insights or just a hunch?

Happy to discuss how you can integrate customer intelligence and market trends into your product roadmap

??Ich brauche Dich in unserem Product Owner Team!??

Lass uns gemeinsam die n?chste Phase der Innovation vorantreiben! Als Product Owner Connected gestaltest du aktiv die digitale Transformation bei STIHL mit und übernimmst die Verantwortung für ein hoch motiviertes Entwicklungsteam.

Kontaktiere mich direkt, um mehr über diese spannende Gelegenheit zu erfahren, oder teile diesen Beitrag mit jemandem, der perfekt für diese Rolle sein k?nnte! ????

Great chance! Don′t miss out on Elias Soybaba and Heiko Scholtes .

Rethinking Your Approach to Innovation: Finding Balance in Product Strategy

According to Nils Koppelmann , balancing innovation and risk is key to a successful product strategy. A framework developed in collaboration with Nils Stotz offers a reality check, comparing product strategy to an investment portfolio.

It suggests allocating 60-70% to incremental optimizations, 10-15% to moderate restructuring, and 10-20% to radical innovations. This balanced approach prevents over-reliance on safe changes while fostering breakthrough ideas, aligning experiments with business goals and resources.

Upcoming Events

17 October 2024 | Webinar: From Strategy to Roadmap by Productbench with Benjamin Bolland and Tamer El-Hawari

23 October 2024 | Product Discovery: Speed Vs. Quality by Propel Ventures with Ant Murphy and Niko Noll

24 October 2024 | Denver Product Summit 2024

30 October 2024 | Product-Led Summit Singapore by Product-Led Alliance

05 November 2024 | Customer Experience Forum by SUCCUS | Conferences

06-07 November 2024 | Product-Led Summit Sydney by Product-Led Alliance

13-14 November 2024 | Digitale Leute Summit Cologne

14 November 2024 | Conference for Digital Products & Services in Mechanical Engineering by Innovation Hub Bergisches RheinLand

19 November 2024 | Product Discovery and Lean UX for agile teams - Vienna (DEU)

21 November 2024 | Digital Products Conference

04-05 December 2024 | Product-Led Summit London by Product-Led Alliance

07 December 2024 | Nachhaltige & Digitale Produktentwicklung: Anforderungen an Product & UX by XU sustainable

10-11 March 2025 | #mtpcon London 2025 by Pendo.io and Mind the Product

Best of LinkedIn: Calendar Week 40

Navigating product strategy: Key illustrations and insights - Stephanie Leue

When you should NOT use a product roadmap - Roman Pichler

The true meaning of collaboration in product development - Francesca Cortesi

Key product insights and learnings from the Leaders' Retreat - Teresa L. Lemos

The truth behind product management: It’s more than just ideas - Raluca Bujoreanu

How impact/effort prioritization can wreck product discovery - Tim Herbig

How to effectively evaluate and learn from product experiments - David Pereira

AI in product management: A superpower for faster decision-making - Joseph Aladenika. MBA, MSc, SPOC?, FIMC, arpa, CSSGB

The distraction of PM tools: Focusing on product principles - Niko Noll

How do you design disruptive products in mission-critical industries? Insights from Ashley Nicodemus - Ben Maynard

Navigating product priorities: What to build and when - Susan Stavitzski

Shifting the mindset: Maximizing value over mere activity in product teams - Tamer El-Hawari

Tune in to the Data Product Management in Action podcast: Grace Halim on mentoring and collaboration in product management - Nick Zervoudis

Rethinking your approach to innovation: Finding balance in product strategy - Nils Koppelmann

Insights from PRODUCTIZED: Driving product growth and innovation - Norma Díaz-Vergara, PhD

Myths vs. realities of team collaboration in product management - Amy Mitchell

Exploring innovative approaches in sustainable product development - Evgeniy Khavkin

Less is more: The art of effective user interviews - Nicolas A. Duerr

Insights shared at PRODUCTIZED on building an actionable product strategy with OKRs - Victoria Sheer

AI alchemy: Leveraging the power of creativity in AI product management - Harsha Srivatsa

What EU’s Digital Product Passport means for industrial machine builders - D?evad "Jackie" Mulabdi?

EU Digital Product Passport: Fact vs. myth - Hans de Gier

Transforming physical expertise into digital success with digital products: The LD7 approach - Maria Jose Perea Marquez

Why product discovery should seamlessly connect to delivery - Janina Franzkowiak

The importance of feedback and metrics in refining your digital product strategy - Sami Hamed

Best of LinkedIn: Calendar Week 41

Key takeaways from David Pereira ’s session on product management at JustProduct - Shannon V.

Celebrating the human element in product development at Pendomonium - Simonetta Batteiger

Think like an investor: Changing the mindset in product management - Fabrice des Mazery

Product metrics vs. business metrics: A guide for product managers - ? Bü?ra Co?kuner

Lessons learned: Improving your approach to hypothesis-driven product management - Tanja Lau ??

Inspiring discussions on product, AI, and data at Pendomonium - Jana Debusk

Reflections on product thinking and leadership at PRODUCTIZED - Natalie Rückert

Navigating product modernization: Key takeaways from the podcast - Andrea Bandera

Understanding the "Rainmaker" PM stereotype - Itamar Gilad

Just Product 2024 in Munich: A day of insights and transformation - Raj Pratap Singh [???? ????]

Essential advice for product leaders and managers from PRODUCTIZED - Nina Schneider

Discover Citykey at the Smart Country Convention: Improving citizen engagement through digital solutions - Catrin von Cisewski

Rethinking pricing strategies for GenAI products: Insights from Stuart Winter-Tear - Diana Matei

Speaking on product innovation and building world-changing products at the Pendomonium Mind the Product stage - Radhika Dutt

Why companies resist embracing experimentation: Key challenges uncovered - Nils Stotz

My key takeaways from JustProduct 2024 in Munich - Axel Hermes

Actionable strategies for implementing Jobs-to-be-Done in product development - Anastasia Shvedova

Insights from the Productized Conference: Lessons on resilience and ownership in product management - Andre Marquet

The future of Digital Product Passports - David Sharratt

Driving sustainable product development through modern requirements engineering - Birgit Neitzert

Highlights from the Just Product conference in Munich - Maria Eliseeva

The path to an AI product - Jaser Bratzadeh

The importance of digital accessibility: Key takeaways from AVEVA World 2024 - Eric Zrinsky

How AI changed product management: Lessons from the past two years - Christoph Bodenstein

Harnessing the Digital Product Passport for sustainable DIY choices - Gerard Pruijn

Building and scaling AI product teams - Lessons from Kristina Walcker-Mayer ’s keynote at Just Product 2024 - Thomas Gl?ser ??

Can designers create digital solutions that support sustainability? - Jona Rammler

Whom to Follow on LinkedIn - Newly Added

Victoria Sheer

What's Next?

We filter out and handpick the most relevant posts about Digital Products & Services biweekly to help you navigate the LinkedIn jungle and find real value.

We look forward to hearing your thoughts.